← DIAGEO PLC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | — | — | $3.9b | $2.4b | |
| Net Income From Continuing Operations | — | — | — | — | — | — | — | — | $4.2b | $2.5b | |
| Other Adjustments To Reconcile Profit Loss | — | — | $10.0m | $64.0m | ($14.0m) | $88.0m | $53.0m | $62.0m | $88.0m | $37.0m | |
| Adjustments to reconcile profit (loss), Total | — | $467.0m | $554.0m | $485.0m | $1.7b | $795.0m | $982.0m | $1.3b | $832.0m | $2.0b | |
| Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | — | — | $493.0m | $374.0m | $1.8b | $447.0m | $828.0m | $1.1b | $493.0m | $1.7b | |
| Depreciation, amortisation and impairment | — | $361.0m | $493.0m | $374.0m | $1.8b | $447.0m | $828.0m | $1.1b | $493.0m | $1.7b | |
| Depreciation | — | — | — | — | — | — | — | — | $493.0m | $1.7b | |
| Adjustments For Deferred Tax Of Prior Periods | — | — | $97.0m | $30.0m | ($15.0m) | ($15.0m) | ($42.0m) | ($29.0m) | $54.0m | $15.0m | |
| Deferred Tax | — | — | — | — | — | — | — | — | $1.3b | $999.0m | |
| Additional Financial Items | |||||||||||
| Adjustments For Current Tax Of Prior Period | — | — | $69.0m | $49.0m | ($19.0m) | $29.0m | $26.0m | ($6.0m) | ($11.0m) | ($41.0m) | |
| Goodwill | — | — | $2.7b | $2.7b | $1.9b | $2.0b | $2.3b | $2.2b | $2.9b | $2.9b | |
| Increase Decrease In Working Capital | — | — | $159.0m | $222.0m | $328.0m | ($331.0m) | $179.0m | $1.2b | $768.0m | $77.0m | |
| Interest Received Classified As Operating Activities | — | — | $167.0m | $216.0m | $185.0m | $89.0m | $110.0m | $131.0m | $156.0m | $181.0m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | — | $74.0m | — | — | — | — | — | |
| Proceeds From Issuing Shares | — | — | $1.0m | $1.0m | $1.0m | $0 | $0 | — | — | — | |
| Purchase Of Interests In Associates | — | — | $0 | — | — | — | — | — | — | — | |
| Profit for the year | — | $2.8b | $3.1b | $3.3b | $1.5b | $2.8b | $3.3b | $3.8b | $4.2b | $2.5b | |
| Taxation | — | $732.0m | $596.0m | $898.0m | $589.0m | $907.0m | $1.0b | $970.0m | $1.3b | $999.0m | |
| Share of after tax results of associates and joint ventures | — | ($309.0m) | ($309.0m) | ($312.0m) | ($282.0m) | ($334.0m) | ($417.0m) | ($370.0m) | ($414.0m) | ($193.0m) | |
| Net finance charges | — | $329.0m | $260.0m | $263.0m | $353.0m | $373.0m | $422.0m | $594.0m | $885.0m | $771.0m | |
| Non-operating items | — | ($20.0m) | $0 | ($144.0m) | $23.0m | ($14.0m) | $17.0m | ($328.0m) | $70.0m | $220.0m | |
| Operating profit | — | $3.6b | $3.7b | $4.0b | $2.1b | $3.7b | $4.4b | $4.6b | $6.0b | $4.3b | |
| Increase in inventories | — | ($159.0m) | ($271.0m) | ($434.0m) | ($366.0m) | ($443.0m) | ($740.0m) | ($675.0m) | ($156.0m) | ($470.0m) | |
| (Increase)/decrease in trade and other receivables | — | $89.0m | ($202.0m) | $11.0m | $523.0m | ($446.0m) | ($378.0m) | $121.0m | ($66.0m) | ($49.0m) | |
| Increase/(decrease) in trade and other payables and provisions | — | $221.0m | $314.0m | $201.0m | ($485.0m) | $1.2b | $939.0m | ($621.0m) | ($546.0m) | $442.0m | |
| Net increase in working capital | — | $151.0m | ($159.0m) | ($222.0m) | ($328.0m) | $331.0m | ($179.0m) | ($1.2b) | ($768.0m) | ($77.0m) | |
| Post-employment payments less amounts included in operating profit | — | ($111.0m) | ($108.0m) | ($121.0m) | ($109.0m) | ($30.0m) | ($89.0m) | ($25.0m) | ($18.0m) | $22.0m | |
| Other items | — | ($6.0m) | $10.0m | $64.0m | ($14.0m) | $88.0m | $53.0m | $62.0m | $88.0m | $37.0m | |
| Cash generated from operations | — | $4.2b | $4.1b | $4.3b | $3.5b | $4.9b | $5.2b | $4.8b | $6.1b | $6.2b | |
| Interest received | — | $180.0m | $167.0m | $216.0m | $185.0m | $89.0m | $110.0m | $131.0m | $156.0m | $181.0m | |
| Movements in loans, other investments and other financial assets | — | $3.0m | ($17.0m) | ($1.0m) | $0 | ($4.0m) | ($72.0m) | ($57.0m) | ($47.0m) | ($195.0m) | |
| Sale of businesses and brands | — | ($52.0m) | $4.0m | $426.0m | $11.0m | $14.0m | $82.0m | $462.0m | $87.0m | $143.0m | |
| Acquisition of subsidiaries | — | ($31.0m) | ($594.0m) | ($56.0m) | ($130.0m) | ($488.0m) | ($271.0m) | ($342.0m) | ($6.0m) | ($35.0m) | |
| Investments in associates and joint ventures | — | — | — | — | — | ($38.0m) | ($65.0m) | ($93.0m) | ($133.0m) | ($84.0m) | |
| Share buyback programme | — | $0 | ($1.5b) | ($2.8b) | ($1.3b) | ($109.0m) | ($2.3b) | ($1.4b) | ($987.0m) | $0 | |
| Net sale of own shares for share schemes | — | ($41.0m) | $8.0m | $50.0m | $54.0m | $49.0m | $18.0m | $29.0m | $21.0m | $15.0m | |
| Net sale/(purchase) of treasury shares in respect of subsidiaries | — | — | — | — | $0 | $0 | ($15.0m) | $0 | ($10.0m) | $8.0m | |
| Proceeds from bonds | — | $0 | $2.6b | $2.8b | $5.2b | $1.0b | $2.3b | $2.2b | $2.2b | $3.9b | |
| Repayment of bonds | — | ($1.2b) | ($1.6b) | ($1.2b) | ($820.0m) | ($1.2b) | ($1.5b) | ($1.3b) | ($1.7b) | ($2.4b) | |
| Purchase of shares of non-controlling interests | — | $0 | $0 | ($784.0m) | ($62.0m) | ($42.0m) | $0 | ($146.0m) | ($223.0m) | ($9.0m) | |
| Cash inflow from other borrowings | — | — | — | — | $497.0m | $34.0m | $503.0m | $433.0m | $387.0m | $83.0m | |
| Cash outflow from other borrowings | — | — | — | — | ($782.0m) | ($787.0m) | ($424.0m) | ($374.0m) | ($493.0m) | ($712.0m) | |
| Exchange differences | — | ($14.0m) | ($39.0m) | ($26.0m) | ($120.0m) | ($285.0m) | $239.0m | ($227.0m) | ($33.0m) | ($35.0m) | |
| Reclassification to assets and liabilities held for sale | — | — | — | — | — | — | — | $0 | ($30.0m) | $21.0m | |
| Bank overdrafts | — | ($274.0m) | ($181.0m) | ($211.0m) | ($170.0m) | ($112.0m) | ($74.0m) | ($36.0m) | ($21.0m) | ($22.0m) | |
| Beginning Cash Position | — | — | — | — | — | — | — | — | $1.8b | $1.1b | |
| Change In Inventory | — | — | — | — | — | — | — | — | ($156.0m) | ($470.0m) | |
| Change In Payable | — | — | — | — | — | — | — | — | ($546.0m) | $442.0m | |
| Change In Receivables | — | — | — | — | — | — | — | — | ($66.0m) | ($49.0m) | |
| Change In Working Capital | — | — | — | — | — | — | — | — | ($768.0m) | ($77.0m) | |
| Changes In Cash | — | — | — | — | — | — | — | — | ($596.0m) | $1.1b | |
| End Cash Position | — | — | — | — | — | — | — | — | $1.1b | $2.2b | |
| Financing Cash Flow | — | — | — | — | — | — | — | — | ($3.1b) | ($1.5b) | |
| Free Cash Flow | — | — | — | — | — | — | — | — | $2.6b | $2.7b | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | — | — | $74.0m | $244.0m | |
| Interest Received CFO | — | — | — | — | — | — | — | — | $156.0m | $181.0m | |
| Investing Cash Flow | — | — | — | — | — | — | — | — | ($1.6b) | ($1.7b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | — | — | $21.0m | $15.0m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | — | — | ($52.0m) | $24.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | — | — | ($1.5b) | ($1.5b) | |
| Other Cash Adjustment Outside Changein Cash | — | — | — | — | — | — | — | — | ($30.0m) | $21.0m | |
| Other Non Cash Items | — | — | — | — | — | — | — | — | $881.0m | $747.0m | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | ($89.0m) | ($25.0m) | — | — | |
| Purchase Of Business | — | — | — | — | — | — | — | — | ($139.0m) | ($119.0m) | |
| Purchase Of PPE | — | — | $584.0m | $671.0m | $700.0m | $626.0m | — | — | ($1.5b) | ($1.6b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | — | ($987.0m) | $0 | |
| Sale Of Business | — | — | — | — | — | — | — | — | $87.0m | $143.0m | |
| Sale Of PPE | — | — | — | — | — | — | — | — | $14.0m | $63.0m | |
| Profit or Loss | — | — | $3.1b | $3.3b | $1.5b | $2.8b | $3.3b | $3.8b | $4.2b | $2.5b | |
| Disposal of property, plant and equipment and computer software | — | $46.0m | $40.0m | $32.0m | $14.0m | $13.0m | $17.0m | $13.0m | $14.0m | $63.0m | |
| Purchase of property, plant and equipment and computer software | — | ($518.0m) | ($584.0m) | ($671.0m) | ($700.0m) | ($626.0m) | ($1.1b) | ($1.2b) | ($1.5b) | ($1.6b) | |
| Net cash outflow from investing activities | — | ($552.0m) | ($1.2b) | ($270.0m) | ($805.0m) | ($1.1b) | ($1.3b) | ($1.2b) | ($1.6b) | ($1.7b) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | — | — | $2.6b | $4.0b | |
| Long Term Debt Issuance | — | — | — | — | — | — | — | — | $2.6b | $4.0b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | — | — | $452.0m | $898.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | — | — | $452.0m | $898.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | — | — | ($2.2b) | ($3.1b) | |
| Repayment Of Debt | — | — | — | — | — | — | — | — | ($2.2b) | ($3.1b) | |
| Common Stock Issuance | — | — | — | — | — | — | — | — | $21.0m | $15.0m | |
| Net Common Stock Issuance | — | — | — | — | — | — | — | — | ($966.0m) | $15.0m | |
| Common Stock Payments | — | — | — | — | — | — | — | — | ($987.0m) | $0 | |
| Dividends paid | — | — | — | — | — | — | $2k | $2k | $2k | $2k | |
| Payments of Dividends | — | — | — | — | — | — | $2k | $2k | $2k | $2k | |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | — | — | $1k | — | — | — | — | — | — | — | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Current Year | — | — | $613 | $630 | $640 | $654 | $680 | $696 | $894 | $899 | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Prior Years | — | — | $968 | $993 | $1k | $992 | $1k | $1k | $1k | $1k | |
| Dividends received | — | $223 | $159 | $168 | $4 | $290 | $190 | $219 | $269 | $175 | |
| Equity dividends paid | — | ($2k) | ($2k) | ($2k) | ($2k) | ($2k) | ($2k) | ($2k) | ($2k) | ($2k) | |
| Unclaimed dividends and share forfeiture | — | — | — | — | — | — | — | $0 | $0 | $30.0m | |
| Cash Dividends Paid | — | — | — | — | — | — | — | — | ($2.2b) | ($2.3b) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | — | — | ($2.2b) | ($2.3b) | |
| Dividend Received CFO | — | — | — | — | — | — | — | — | $269.0m | $175.0m | |
| Net Other Financing Charges | — | — | — | — | — | — | — | — | ($233.0m) | $29.0m | |
| Net cash outflow from financing activities | — | ($2.5b) | ($2.1b) | ($2.9b) | $1.0b | ($2.8b) | ($3.3b) | ($2.4b) | ($3.1b) | ($1.5b) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | — | — | ($33.0m) | ($35.0m) | |
| Net increase/(decrease) in net cash and cash equivalents | — | $122.0m | ($185.0m) | $54.0m | $2.6b | ($231.0m) | ($665.0m) | ($581.0m) | ($596.0m) | $1.1b | |
| Net cash and cash equivalents at beginning of the year | $809.0m | $917.0m | $693.0m | $721.0m | $3.2b | $2.6b | $2.2b | $1.4b | $1.1b | $2.2b | |
| Cash and cash equivalents | — | $1.2b | $874.0m | $932.0m | $3.3b | $2.7b | $2.3b | $1.4b | $1.1b | $2.2b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | — | — | ($596.0m) | $1.1b | |
| Interest Paid Classified As Operating Activities | — | ($83.0m) | $418.0m | $468.0m | $493.0m | $440.0m | $438.0m | $685.0m | $1.0b | $980.0m | |
| Taxation paid | — | ($732.0m) | ($751.0m) | ($805.0m) | ($901.0m) | ($852.0m) | ($949.0m) | ($1.2b) | ($1.1b) | ($1.1b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.